<ARTICLE>                     5
<LEGEND>
          This schedule  contains summary financial  information  extracted from
          Marvel  Enterprises,  Inc. Condensed  Consolidated  Balance Sheets and
          Statements  of Income and is qualified in its entirety by reference to
          such financial statements.
</LEGEND>
<CIK>                         0000933730
<NAME>                        MARVEL ENTERPRISES, INC.
<MULTIPLIER>                  1,000
       
                             
<FISCAL-YEAR-END>               DEC-31-1999
<PERIOD-END>                    MAR-31-1999
<PERIOD-TYPE>                         3-MOS
<CASH>                                101,609
<SECURITIES>                                0
<RECEIVABLES>                          71,308
<ALLOWANCES>                           23,340
<INVENTORY>                            27,386
<CURRENT-ASSETS>                      191,896
<PP&E>                                 33,745
<DEPRECIATION>                         17,245
<TOTAL-ASSETS>                        715,985
<CURRENT-LIABILITIES>                  84,984
<BONDS>                               250,000
<PREFERRED-MANDATORY>                       0
<PREFERRED>                           175,823
<COMMON>                                  408
<OTHER-SE>                            176,846
<TOTAL-LIABILITY-AND-EQUITY>          715,985
<SALES>                                75,258
<TOTAL-REVENUES>                       75,258
<CGS>                                  32,650
<TOTAL-COSTS>                          32,650
<OTHER-EXPENSES>                       33,540
<LOSS-PROVISION>                            0
<INTEREST-EXPENSE>                      8,317
<INCOME-PRETAX>                         1,718
<INCOME-TAX>                            3,114
<INCOME-CONTINUING>                    (1,396)
<DISCONTINUED>                              0
<EXTRAORDINARY>                        (1,531)
<CHANGES>                                   0
<NET-INCOME>                           (2,927)
<EPS-PRIMARY>                           (0.19)
<EPS-DILUTED>                           (0.19)